A report released by the Commerce Department on Thursday showed new orders for U.S. manufactured goods increased in line with economist estimates in the month of June.
The report said factory orders climbed by 0.7 percent in June after rising by an unrevised 0.4 percent in May. The continued increase in orders matched expectations.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.